News Archive

June 4, 2026Connected

622 storiesLast updated: 6:43:35 AMPage 1 of 11

Stocks

StocksBullish

Jamie Dimon Leads SpaceX IPO Roadshow Targeting $1.8 Trillion Valuation

Key Facts

•SpaceX IPO is targeting a $1.8 trillion valuation with plans to raise $75 billion.
•JPMorgan CEO Jamie Dimon is leading an interactive discussion with ultra-wealthy clients to pitch the IPO.
•SpaceX is expected to list on Nasdaq next Friday under ticker SPCX at approximately $135 per share.

Impact:

9/10

0Q1F.L BAC C GS MS+1

about 2 months ago

Commodities

CommoditiesBullish

Gold Overtakes US Treasuries as World's Primary Reserve Asset

Key Facts

•The ECB confirmed that gold accounted for 27% of global reserves at the end of 2025, surpassing US Treasuries.
•The share of US Treasuries in global reserves dropped to 22% from 25% the previous year.
•Central banks now hold more than 36,000 tonnes of gold, nearing the peak levels of the Bretton Woods era.

Impact:

8/10

about 2 months ago

Central Banks

Central BanksBullish

Bank of Japan Expected to Raise Interest Rates in June to Support Yen

Key Facts

•The Bank of Japan is expected to raise interest rates during its meeting this month, according to sources.

Impact:

8/10

JPY

about 2 months ago

Geopolitics

GeopoliticsBearish

Satellite Imagery Reveals Damage at US Base in Kuwait Following Iranian Strike

Key Facts

•Satellite imagery from Soar Atlas shows damage at the US Ali Al Salem Air Base in Kuwait despite CENTCOM claims that all targets were defeated.
•Kuwait's foreign ministry confirmed Iranian missiles struck the international airport and diplomatic missions, resulting in one death and 60 injuries.

Impact:

8/10

about 2 months ago

Crypto

CryptoBearish

Bitcoin Slumps to Lowest Since January Amid Heavy Selling Pressure

Key Facts

•Bitcoin price fell to $63,300, marking its lowest level since January.
•The leading cryptocurrency recorded a decline of over 16% within a single week.

Impact:

7/10

BTC

about 2 months ago

Macro Economy

Macro EconomyBearishUpdated

EU Energy Crisis Puts 1.3 Million Jobs at Risk as Inflation Surges

Key Facts

•The European Commission warned that rising energy costs due to the Middle East war threaten 1.3 million jobs across the EU.
•The automotive sector is the most vulnerable, with potential layoffs reaching up to 600,000 workers.
•Euro Area inflation topped 3% for the first time since 2023, cementing expectations for an ECB rate hike next week.

Impact:

7/10

about 2 months ago

Forex

ForexBearish

Japanese Yen Slumps to Multi-Week Low Amid BoJ Rate Hike Speculation

Key Facts

•The USD/JPY exchange rate jumped to 159.88, its highest point since April 30th.
•Economists predict that the Bank of Japan (BoJ) will hike interest rates twice this year.

Impact:

7/10

USDJPY

about 2 months ago

June 4, 2026Connected

622 storiesLast updated: 6:43:35 AMPage 1 of 11

Stocks

StocksBullish

Jamie Dimon Leads SpaceX IPO Roadshow Targeting $1.8 Trillion Valuation

Key Facts

•SpaceX IPO is targeting a $1.8 trillion valuation with plans to raise $75 billion.
•JPMorgan CEO Jamie Dimon is leading an interactive discussion with ultra-wealthy clients to pitch the IPO.
•SpaceX is expected to list on Nasdaq next Friday under ticker SPCX at approximately $135 per share.

Impact:

9/10

0Q1F.L BAC C GS MS+1

about 2 months ago

Commodities

CommoditiesBullish

Gold Overtakes US Treasuries as World's Primary Reserve Asset

Key Facts

•The ECB confirmed that gold accounted for 27% of global reserves at the end of 2025, surpassing US Treasuries.
•The share of US Treasuries in global reserves dropped to 22% from 25% the previous year.
•Central banks now hold more than 36,000 tonnes of gold, nearing the peak levels of the Bretton Woods era.

Impact:

8/10

about 2 months ago

Central Banks

Central BanksBullish

Bank of Japan Expected to Raise Interest Rates in June to Support Yen

Key Facts

•The Bank of Japan is expected to raise interest rates during its meeting this month, according to sources.

Impact:

8/10

JPY

about 2 months ago

Geopolitics

GeopoliticsBearish

Satellite Imagery Reveals Damage at US Base in Kuwait Following Iranian Strike

Key Facts

•Satellite imagery from Soar Atlas shows damage at the US Ali Al Salem Air Base in Kuwait despite CENTCOM claims that all targets were defeated.
•Kuwait's foreign ministry confirmed Iranian missiles struck the international airport and diplomatic missions, resulting in one death and 60 injuries.

Impact:

8/10

about 2 months ago

Crypto

CryptoBearish

Bitcoin Slumps to Lowest Since January Amid Heavy Selling Pressure

Key Facts

•Bitcoin price fell to $63,300, marking its lowest level since January.
•The leading cryptocurrency recorded a decline of over 16% within a single week.

Impact:

7/10

BTC

about 2 months ago

Macro Economy

Macro EconomyBearishUpdated

EU Energy Crisis Puts 1.3 Million Jobs at Risk as Inflation Surges

Key Facts

•The European Commission warned that rising energy costs due to the Middle East war threaten 1.3 million jobs across the EU.
•The automotive sector is the most vulnerable, with potential layoffs reaching up to 600,000 workers.
•Euro Area inflation topped 3% for the first time since 2023, cementing expectations for an ECB rate hike next week.

Impact:

7/10

about 2 months ago

Forex

ForexBearish

Japanese Yen Slumps to Multi-Week Low Amid BoJ Rate Hike Speculation

Key Facts

•The USD/JPY exchange rate jumped to 159.88, its highest point since April 30th.
•Economists predict that the Bank of Japan (BoJ) will hike interest rates twice this year.

Impact:

7/10

USDJPY

about 2 months ago

StocksBearish

Sleep Number Shares Crash on Reports of Potential Bankruptcy Filing

Key Facts

•Sleep Number is preparing to file for Chapter 11 bankruptcy protection to restructure its balance sheet.
•Company revenue fell 16% in 2025 to $1.4 billion, while the stock has plunged 97% over the past four months.
•The company hired Guggenheim Securities to evaluate liquidity improvements and secured $55 million in additional funding.

Impact:

8/10

SNBR

about 2 months ago

StocksBullish

Nvidia Revenue Surges 85% as Global AI Infrastructure Buildout Accelerates

Key Facts

•Nvidia's Q1 FY2027 revenue surged 85% YoY to $81.6 billion, driven by AI infrastructure demand.
•Data Center revenue grew by 92% while networking revenue jumped by 199%.
•The company projects Q2 FY2027 revenue of approximately $91 billion despite China export controls.

Impact:

8/10

NVDA

about 2 months ago

StocksBearish

GeneDx Stock Plummets 49% Following Q1 Earnings Miss and Guidance Cut

Key Facts

•GeneDx Holdings shares fell by $33.42, or 49%, in a single day.
•The company announced a tenfold increase in net loss for Q1 2026 and a drastic reduction in full-year guidance.
•The sharp decline wiped out over $900 million from the company's market capitalization.

Impact:

8/10

WGS

about 2 months ago

StocksBearishUpdated

ADC Therapeutics Plunges 53% as Patient Deaths Mar Zynlonta Trial Results

Key Facts

•ADC Therapeutics stock plunged 53% after-hours following safety concerns in a Phase III study of its drug Zynlonta.

Impact:

8/10

ADCT

about 2 months ago

StocksBullish

Investors Back SK Hynix US Listing Plan Amid AI Chip Boom

Key Facts

•SK Hynix told investors it received 'tremendously positive' feedback on its proposed U.S. listing plan.
•The chipmaker is benefiting from surging demand for advanced memory semiconductors used in AI data centers.

Impact:

7/10

000660.KS

about 2 months ago

StocksBearishUpdated

Middle East Tensions Snap S&P 500 Winning Streak as Oil Prices Surge

Key Facts

•Renewed clashes between the U.S. and Iran involving Kuwait and Bahrain drove oil prices sharply higher.
•The S&P 500 snapped a nine-day winning streak amid a retreat in technology shares.
•Broadcom issued disappointing guidance regarding the pace of AI infrastructure revenue growth.

Impact:

7/10

AVGO SPX

about 2 months ago

StocksBullish

Fintech Giant Ramp Hits $44B Valuation Following $750M Funding Round

Key Facts

•Fintech company Ramp raised $750 million in a new funding round.
•The company's valuation surged to $44 billion, up from $32 billion in November.

Impact:

7/10

about 2 months ago

StocksBullish

Enova to Acquire Grasshopper Bancorp for $369M in Strategic Funding Shift

Key Facts

•Enova announced a $369M deal to acquire Grasshopper Bancorp to integrate deposits into its funding model.
•The deal is expected to generate synergies of $175M to $230M and more than 15% EPS accretion.

Impact:

7/10

ENVA

about 2 months ago

StocksBearish

Photronics Faces Fraud Probe After Stock Plunges 30% on Earnings Miss

Key Facts

•Photronics reported Q2 fiscal 2026 non-GAAP EPS of $0.42, missing its own guidance range of $0.49-$0.55.
•Photronics stock lost approximately 30% in a single session following the earnings release.

Impact:

7/10

about 2 months ago

StocksMixed

S&P 500 Overhauls Rules to Include Unprofitable Tech Giants

Key Facts

•S&P Dow Jones Indices announced new index rules that may allow unprofitable tech giants to join the S&P 500.

Impact:

7/10

SPCX

about 2 months ago

StocksBearish

Oil Nears $100 as Geopolitical Tensions Spark U.S. Stock Retreat

Key Facts

•Oil prices rose toward $100 a barrel following fresh fighting that threatens the U.S.-Iran ceasefire.
•U.S. stock indexes retreated from their recent record highs as geopolitical concerns mounted.

Impact:

7/10

CL=F

about 2 months ago

StocksMixed

Anthropic Files Confidentially for IPO at Massive $965 Billion Valuation

Key Facts

•Anthropic has reportedly filed confidentially for an IPO at an estimated $965 billion valuation.
•Analysts suggest Anthropic's high valuation could make other entities like xAI appear significantly overvalued.

Impact:

7/10

about 2 months ago

StocksBullish

Anthropic Files Confidentially for IPO at Estimated $965 Billion Valuation

Key Facts

•AI startup Anthropic has filed confidentially for an IPO, with a valuation estimated at approximately $965 billion.

Impact:

7/10

AMZN GOOGL MS GS

about 2 months ago

StocksBullish

CrowdStrike Stock Surges on Q1 Beat and 4-for-1 Stock Split Announcement

Key Facts

•CrowdStrike reported Q1 revenue of $1.39 billion, exceeding estimates of $1.36 billion.
•The company announced a 4-for-1 stock split aimed at enhancing investor accessibility.
•The company raised its fiscal 2027 ARR outlook to be between $6.53 billion and $6.56 billion.

Impact:

7/10

CRWD

about 2 months ago

StocksBullish

KBR Secures Massive $8B Contract for Antarctic Science Support Operations

Key Facts

•KBR secured an $8 billion contract from the National Science Foundation (NSF) for up to 20 years.
•The contract includes providing AI, IT, and cybersecurity services to support Antarctic operations.

Impact:

7/10

KBR

about 2 months ago

StocksBullish

Ciena Profits Surge 290% as AI Networking Demand Accelerates

Key Facts

•Ciena reported a 290% surge in earnings for the fiscal second quarter of 2026.
•The company raised its FY26 outlook due to accelerated demand for AI-driven networking and cloud growth.

Impact:

7/10

0HYA.L

about 2 months ago

StocksBullish

PDT Rule Abolishment Set to Boost Retail Brokerages Like Robinhood

Key Facts

•The Pattern Day Trader (PDT) rule officially no longer applies to accounts under $25,000 starting today.

Impact:

7/10

HOOD IBKR

about 2 months ago

StocksBullish

Singapore Airlines in Talks with Airbus and Boeing for Major 50-Jet Widebody Order

Key Facts

•Singapore Airlines is in discussions with Airbus and Boeing for the purchase of at least 50 of the industry's largest jets.

Impact:

7/10

BA AIR.PA

about 2 months ago

StocksBearish

Ciena Shares Plunge 19% Despite Q2 Earnings and Revenue Beat

Key Facts

•Ciena shares fell more than 19% in early trading, on track for the biggest one-day decline since January 2025.
•Ciena's fiscal second-quarter earnings and revenue exceeded Wall Street expectations despite the stock price drop.

Impact:

7/10

CIEN

about 2 months ago

StocksBullish

Samsara ARR Nears $2 Billion Driven by Operational AI Momentum

Key Facts

•Samsara reported Annual Recurring Revenue (ARR) approaching $2 billion, representing 30% year-over-year growth.

Impact:

7/10

IOT

about 2 months ago

StocksMixed

Alphabet Raises 2026 AI CapEx Guidance to $190 Billion

Key Facts

•Alphabet has raised the top end of its 2026 capital expenditure guidance to $190 billion.

Impact:

7/10

GOOGL GOOG

about 2 months ago

StocksBearish

Airline CEOs Meet in Rio to Tackle Iran War Fuel Shock and Operational Crisis

Key Facts

•Global airline bosses are gathering in Rio de Janeiro to address the industry's biggest crisis since the pandemic due to rising fuel costs.
•The war in Iran is driving up jet fuel costs and forcing flight detours across the industry.

Impact:

7/10

about 2 months ago

StocksBearishUpdated×3

Lululemon Shares Sink 10% on Weak Q2 Revenue Outlook Despite Q1 Earnings Beat

Key Facts

•Lululemon Athletica cut its annual revenue and profit forecast due to waning brand appeal in the U.S.
•The company's shares fell approximately 7% in extended trading following the forecast cut.

Impact:

7/10

LULU

about 2 months ago

StocksBearish

PVH Stock Plummets 22% After Cutting Revenue Guidance for Tommy Hilfiger and Calvin Klein

Key Facts

•PVH Corp stock fell more than 22%, marking its steepest one-day decline in over two years.
•The owner of Tommy Hilfiger and Calvin Klein brands lowered its full-year revenue outlook.

Impact:

7/10

PVH

about 2 months ago

StocksBullish

Constellation Energy Wins Key FERC Approval for Three Mile Island Restart

Key Facts

•The Federal Energy Regulatory Commission (FERC) approved Constellation Energy’s request to transfer 760 MW of Capacity Interconnection Rights to the Crane nuclear unit.

Impact:

7/10

CEG

about 2 months ago

StocksBullish

Aurinia Pharmaceuticals Gains 48% in Q1 Income as Tang Capital Raises Stake

Key Facts

•Aurinia Pharmaceuticals delivered 24% revenue growth and 48% net income growth in 1Q26.
•Tang Capital Management increased its stake in Aurinia to above 10%.
•The company reaffirmed its FY26 guidance for double-digit revenue gains.

Impact:

7/10

AUPH

about 2 months ago

StocksBearish

Endava Downgraded to Hold as Q3 Margins Collapse Amid Execution Woes

Key Facts

•Endava PLC was downgraded to 'Hold' as the anticipated H2 2026 recovery failed to materialize.
•Q3 2026 revenue declined 8.4% y/y, with adjusted profit before tax margin dropping to 1.8% from 12.6%.
•AI-driven business now accounts for 15% of revenue but is insufficient to offset legacy business weakness.

Impact:

7/10

DAVA

about 2 months ago

StocksBearishUpdated

SoftBank Shares Plunge 10% on AI Strategy Concerns

Key Facts

•SoftBank shares fell 10% due to market concerns over the firm's high-risk bets on artificial intelligence.

Impact:

7/10

9984.T SFTBY SFTBF

about 2 months ago

StocksBullish

Solidion Technology Stock Surges 500% on Extreme-Climate Battery Breakthrough

Key Facts

•Solidion Technology shares surged as much as 500% following the announcement of its Generation Extreme-Climate Battery (Gen-ECB) platform.
•The new technology is designed for space applications, lunar infrastructure, and low Earth orbit (LEO) data centers.

Impact:

7/10

STI

about 2 months ago

StocksBullish

Airbus May Deliveries Hit 81 Jets as China Regulatory Logjam Eases

Key Facts

•Airbus delivered 81 aircraft in May, representing a sharp increase compared to the previous year.
•The delivery surge was partly driven by the release of planes previously caught in a regulatory stand-off with China.

Impact:

7/10

AIR.PA

about 2 months ago

StocksBullish

Vanguard VOO ETF Hits Historic $1 Trillion Assets Milestone

Key Facts

•The Vanguard S&P 500 ETF (VOO) surpassed $1 trillion in assets under management.
•This achievement marks the first time an ETF has reached this milestone in the industry.

Impact:

7/10

VOO

about 2 months ago

StocksMixed

SoftBank to Pledge OpenAI Stake as Collateral for Stargate AI Project

Key Facts

•SoftBank Group plans to use its stake in OpenAI as collateral to secure financing for the Stargate AI project.

Impact:

7/10

SFTBY 9984.T

about 2 months ago

StocksBullish

Citigroup Stock Eyes Highest Close in 18 Years Amid Leadership Overhaul

Key Facts

•Citigroup stock is positioning itself for its highest closing price in nearly 18 years.
•The surge follows recent key personnel changes made by CEO Jane Fraser.

Impact:

7/10

about 2 months ago

StocksBearish

US Court Rejects Burford Bid to Revive $16bn Argentina Judgment

Key Facts

•A US appeals court rejected Burford Capital's attempt to revive a $16bn judgment against Argentina over the nationalization of YPF.

Impact:

7/10

BUR

about 2 months ago

StocksBearishUpdated×11

Broadcom Shares Plunge 14% as AI Revenue Forecast Disappoints Investors

Key Facts

•Micron Technology shares fell by approximately 7% to $1,004 during mid-morning trading on Thursday.
•The selloff was triggered after Broadcom delivered an AI chip outlook that markets viewed as underwhelming.

Impact:

7/10

MU AVGO

about 2 months ago

CommoditiesBullish

WTI Crude Eyes $100 as Iran Tensions Escalate and US Inventories Fall

Key Facts

•Oil prices remain supported due to ongoing tensions with Iran and risks surrounding the Strait of Hormuz.
•WTI crude is approaching a key breakout zone while Brent maintains its bullish structure.
•Falling U.S. crude inventories are contributing to keeping prices at elevated levels.

Impact:

7/10

WTI BRENT

about 2 months ago

CommoditiesBullish

US Oil Inventories Plunge by 8 Million Barrels, Fueling Global Price Volatility

Key Facts

•US commercial crude oil inventories fell by 7.97 million barrels last week.
•WTI crude price stood at $95.03 per barrel while Brent crude was at $96.73.

Impact:

7/10

about 2 months ago

Central BanksBearish

Hormuz Tensions Push Brent Above $97 as Central Banks Lean Toward Rate Hikes

Key Facts

•Optimism regarding the reopening of the Strait of Hormuz faded as prospects for a US-Iran agreement diminished.
•Brent crude prices returned above USD 97 per barrel due to flared-up military actions.
•New economic forecasts indicate that major central banks are moving toward rate hikes.

Impact:

7/10

about 2 months ago

GeopoliticsBullish

Oil Prices Rise as Iranian Drone Strikes on Kuwait Fuel Geopolitical Tensions

Key Facts

•The EPA Administrator discussed rising oil prices following Iranian drone assaults on Kuwait.

Impact:

7/10

about 2 months ago

GeopoliticsMixed

Zelensky Proposes Direct Peace Summit with Putin to End Ukraine War

Key Facts

•Ukrainian President Zelensky called on Putin to end the war and proposed a face-to-face meeting in a neutral venue such as Switzerland, Türkiye, or Arab states.
•Ukraine proposed a full ceasefire for the duration of negotiations and an all-for-all prisoner exchange as a confidence-building measure.
•Putin stated there is no need to stop fighting to start talks with Ukraine and demanded Europe treat Russia as an equal partner.

Impact:

7/10

about 2 months ago

GeopoliticsBullish

Zelensky Proposes Direct Putin Summit and Full Ceasefire to End Conflict

Key Facts

•Ukrainian President Zelensky proposed a face-to-face meeting with Putin to end the war in a rare open letter.
•Ukraine expressed readiness for a full ceasefire for the duration of the proposed negotiations.
•Zelensky noted that U.S. focus on Iran makes it wrong to wait for Washington to return its attention to Europe.

Impact:

7/10

about 2 months ago

CryptoBearish

$1.2 Billion Crypto Liquidations Amid Bitcoin and Ethereum Slump

Key Facts

•Crypto markets experienced a wave of forced liquidations totaling $1.2 billion over the past 24 hours.
•The selloff in leveraged positions was primarily dominated by Bitcoin and Ethereum.
•Altcoins such as Solana and Sui hit sharp short-term shocks reflecting crowded positioning.

Impact:

7/10

BTC ETH SOL SUI

about 2 months ago

CryptoBullish

Coinbase to List Ethena’s USDe Stablecoin; ENA Token Surges 28%

Key Facts

•Ethena announced that its USDe stablecoin will be available to Coinbase's 100m+ user base starting next week.
•The price of the ENA token surged by 28% following the announcement of the Coinbase collaboration.

Impact:

7/10

COIN ENA

about 2 months ago

CryptoBullish

US Treasury Secretary Backs Strategic Bitcoin Reserve and Stablecoin Clarity ACT

Key Facts

•US Treasury Secretary Scott Bessent expressed support for establishing a strategic Bitcoin reserve.
•There is significant legislative progress on the Clarity ACT for stablecoin regulation.

Impact:

7/10

BTC

about 2 months ago

CryptoBearish

Bitcoin Longs Liquidated in $636M Wipeout After Flash Crash to $61,000

Key Facts

•The crypto market saw $636M in long liquidations after Bitcoin's price flashed crashed to the $61,000 level.
•Small BTC sales by MicroStrategy intensified market pressure alongside ongoing Bitcoin ETF outflows.

Impact:

7/10

0A7O.L BTC

about 2 months ago

CryptoBearishUpdated×3

Bitcoin Hits Pre-Conflict Lows as Crypto Liquidations Surge to $1.5 Billion

Key Facts

•Bitcoin price fell below $63,000 as traders monitor the psychological support level at $60,000.
•US-listed Bitcoin ETFs saw $519 million in outflows in a single day.
•Crypto market liquidations reached approximately $1.1 billion amid geopolitical pressures.

Impact:

7/10

BTC

about 2 months ago

CryptoBearish

Solana Hits 2.5-Year Low as $88M in Long Positions Liquidated

Key Facts

•Solana (SOL) price dropped to its lowest level since December 2023, sliding toward $68.
•More than $88 million in leveraged long positions were liquidated across the Solana market.

Impact:

7/10

SOL BTC ETH

about 2 months ago

CryptoBullish

US Treasury Secretary Signals Rapid Progress on Strategic Bitcoin Reserve

Key Facts

•Treasury Secretary Scott Bessent stated the department is moving with 'all deliberate speed' to establish a strategic Bitcoin reserve per the 2025 executive order.
•Secretary Bessent urged Congress to pass the CLARITY Act to solidify the regulatory framework for digital assets in the U.S.

Impact:

7/10

BTC

about 2 months ago

CryptoBearishUpdated×3

MicroStrategy Pauses Bitcoin Buying as BTC Plunges 21% on Debt Buyback News

Key Facts

•MicroStrategy's unrealized losses reached an all-time high of approximately $10.8 billion as Bitcoin fell below $62,000.
•The company's Bitcoin position is down about 17% after six years of strategic accumulation.

Impact:

7/10

MSTR 0A7O.L BTC

about 2 months ago

CryptoBearishUpdated×10

Bitcoin Tests $60,000 as Crypto Liquidations Explode to $1.76 Billion

Key Facts

•Bitcoin long bets worth $636 million were wiped out in a single day following a flash crash toward $61,000.

Impact:

7/10

BTC

about 2 months ago

CryptoBearishUpdated×12

Bitcoin Hits $62,000 Target as ETF Outflows Reach $4.2 Billion

Key Facts

•Bitcoin price continued its sharp crash to reach $61,325, its lowest level since March 2026.
•Wall Street investors dumped Bitcoin ETFs worth over $1.4 billion in just three days.
•Investors sold ETFs worth over $2.4 billion last month, ending a two-month buying spree.

Impact:

7/10

BTC

about 2 months ago

CryptoBearishUpdated

Crypto ETFs Bleed $4.4B as Outflows Hit 13-Day Streak

Key Facts

•Bitcoin ETFs logged a thirteenth straight day of redemptions, losing $396.60 million on Wednesday.
•Total outflows across Bitcoin, Ether, Solana, and XRP ETFs reached $4.4 billion over a 13-session period.

Impact:

7/10

BTC ETH SOL XRP

about 2 months ago

Macro EconomyBullish

Strong US Macro Data Boosts Dollar as Service Sector and Hiring Surpass Forecasts

Key Facts

•ADP data showed solid private employment growth of 122k jobs.
•The services ISM index rose to 54.5, exceeding consensus expectations.
•May business activity expanded at 57.7, the second-fastest clip recorded.

Impact:

7/10

about 2 months ago